The horse insurance market reached $550.9 million in 2023 and is now expected to post a compound annual growth rate of more than 10% between 2024 and 2032, according to a report by Global Market Insights.
The market is significantly impacted by the value of horses, the data showed, which can vary widely based on factors like breed, pedigree, performance history and trends.
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Joe Toppe
Joe Toppe serves as managing editor of PropertyCasualty360.com. Joe is also a father of three, an author, and longtime lover of baseball.
